1988 (10) TMI 10 - HC - Income Tax

Summary

The High Court of Calcutta ruled that an appeal can be made against rectification made under section 154 to enhance interest levied under section 139 of the Income-tax Act, 1961. The court held that the Tribunal was not justified in denying the appeal in such a case. The decision favored the assessee. The Tribunal was directed to dispose of the appeal in accordance with a specific court case precedent.